{"id":14628,"date":"2011-05-20T11:03:29","date_gmt":"2011-05-20T18:03:29","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=14628"},"modified":"2011-05-20T11:03:29","modified_gmt":"2011-05-20T18:03:29","slug":"if-there-really-were-a-real-estate-agents-union","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14628\/if-there-really-were-a-real-estate-agents-union\/","title":{"rendered":"If There Really Were A Real Estate Agents’ Union…"},"content":{"rendered":"

…this is how business might be done:<\/p>\n

\n
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You (a willing home seller) would look for a real estate agent and discover that the government mandates that you hire, its delegated agent, to market and negotiate on your behalf.\u00a0 That chosen agent will be the only one who can deal with potential buyers and will select which offer you should consider, among the many offers available.\u00a0 The agent presents the offer, to which you suggest a counter-offer or refusal.<\/p>\n

In this hypothetical example, the agent tells you that you don’t have the option to counter and reminds you that you have a binding contract with her as an exclusive agent; she says “Take the ‘reasonable’ offer or suffer the consequences”.\u00a0 Obviously, you don’t think that’s fair and want to test the free market.\u00a0 You might consider another real estate agent because you don’t think she’s negotiating on your behalf.<\/p>\n

Rather than allow you to pursue your own course of action, the real estate agent accuses you of “agent busting”.\u00a0 She sets up a picket line, in front of your home, with big signs proclaiming you to be “evil” or responsible for “unfair tactics”, or “greedy”.\u00a0 She turns away all potential buyers of the home by calling them “scabs” and proclaiming that a reasonable enough offer was on the table and you were just an evil, greedy agent buster.<\/p>\n

She might convince the power company to sever your electricity, phone and internet.\u00a0 She might try to prevent the grocery store, pizza delivery guy, landscapers, and pool maintenance guy from servicing you, per your standing contract with them.\u00a0 Finally, she might try to restrict your income by hampering your ability to work .<\/p>\n

You’re a tough cookie, though.\u00a0 It’s your home.\u00a0 You bought it, improved it, kept it clean, and want the best price a willing buyer might pay you. You hold out, regardless of the wacky protesters, bused in from out-of-town, screaming at you, your children, your neighbors, and anyone who might dare speak with Read more<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

…this is how business might be done: You (a willing home seller) would look for a real estate agent and discover that the government mandates that you hire, its delegated agent, to market and negotiate on your behalf.\u00a0 That chosen agent will be the only one who can deal with potential buyers and will select […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13,4,5],"tags":[],"class_list":{"0":"post-14628","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-casual-friday","7":"category-disintermediation","8":"category-real-estate","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":338,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/338\/friday-morning-real-estate-links\/","url_meta":{"origin":14628,"position":0},"title":"Friday morning real estate links . . .","author":"Greg Swann","date":"September 15, 2006","format":false,"excerpt":"Marlow Harris has a fascinating post on the barriers faced by Muslim buyers and real estate agents. Not to get too philosophical, but this actually ties in with Pope Benedict's remarks earlier this week: Where Judaism and Christianity each represent measured compromises with Greek culture, Islam is in certain respects\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1283,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1283\/who-pays-the-buyers-agent-once-weve-divorced-the-commissions-we-can-stop-worrying-about-it\/","url_meta":{"origin":14628,"position":1},"title":"Who pays the buyer’s agent? Once we’ve divorced the commissions, we can stop worrying about it","author":"Greg Swann","date":"April 9, 2007","format":false,"excerpt":"Joke Number one: Q: If you came upon the Buddha in the guise of a hot dog vendor, what should you say? A: Make me one with everything. Joke number two: Q: Top Drawer Listing Agent, why do you charge a 7% commission to list a home for sale? A:\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":403,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/403\/blogoff-post-26-if-the-buyer-has-no-agent-what-does-the-listing-agent-get-paid\/","url_meta":{"origin":14628,"position":2},"title":"Blogoff Post #26: Ask the Broker: If the buyer has no agent, what does the listing agent get paid . . . ?","author":"Greg Swann","date":"September 26, 2006","format":false,"excerpt":"This question came in earlier today. It's actually pretty simple, if you're an insider, not so simple if not:I am selling my house with one agent and the buyer does not have any agent. My agent brings the buyer and they put in an offer. How much commission will I\u2026","rel":"","context":"In "Ask the Broker"","block_context":{"text":"Ask the Broker","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ask-the-broker\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3047,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3047\/want-to-be-the-greatest-real-estate-agent-in-the-world-youll-need-a-solid-plan-a-lot-of-hard-work-a-little-luck-and-a-web-site-for-the-latter-you-can-compete-for-the-site-eric-blackwell-won\/","url_meta":{"origin":14628,"position":3},"title":"Want to be the greatest real estate agent in the world? You’ll need a solid plan, a lot of hard work, a little luck — and a web site. 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